Jul 2026 (Q2 FY27) — Aug 27, 2026
Dollar Tree Q2 FY27 — Strong Comps Driven by Traffic Turnaround and Operational Improvements
Read the full callDollar Tree (DLTR) earnings
- Aug 2026
- Jul 2026 (Q2 FY27)
- Jan 2026
Dollar Tree earnings: last reported Thu, 27 Aug 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4,891 | +7.0% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 14.1 | +9.1 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 515 | +173.1% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
22 of 25 judged targets kept · 45 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Quarterly adjusted EPS, continuing operations | $1.45 to $1.60 | Jan 2026 | Q1 adjusted earnings per share growth of 38% year-over-year to $1.74, exceeding the high end of our outlook range | Achieved |
| Full-year adjusted diluted EPS | $6.50 to $6.90 | Jan 2026 | we now expect adjusted diluted earnings per share in the range of $6.70 to $7.10 | Revised Up |
| New debt offering following the May 2025 maturity and the Family Dollar close | come to market with a new debt offering | Jan 2025 | Ghosted |
3 of DOLLAR TREE, INC.'s 70 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 67 more targets are in the full ledger.
Claimed
- Net sales increased 7% to $4.9 billion, driven by strong comparable store sales.
- Comparable store sales growth increased 3.7%, exceeding the company's expectations.
- Customer traffic turned positive at 0.4%, a sequential improvement and earlier than anticipated.
- Diluted earnings per share were $2.70, including a $1.31 benefit from tariff refunds and related impacts.
- Gross margin expanded 850 basis points to 42.9%, benefiting from tariff refunds and favorable shrink.
- Inventory declined 9% year-over-year while sales increased 7%, indicating improved working capital efficiency.
Qualified
- Helium shortages created an estimated $15 million sales headwind, impacting comp by 30 basis points.
- Higher fuel rates are an incremental headwind for the full year, contributing to increased freight costs.
- Gross margin is expected to be flattish in Q3 FY27 and down in Q4 FY27 due to higher freight, inflation, and mix shift.
- A mix shift towards lower-margin consumables is absorbing some of the benefits from lower tariff rates in the back half of the year.
Price
$123.15 −0.83% · −$1.03
Performance +27.7% 1Y
1Y: $96.44 on 17 Oct 2025 → $123.15. High $141.21 (15 Jan 2026), low $86.8 (13 May 2026).
- Previous close
- $124.18
- 52-week range
- $86.8 – $141.21
- One year
- +24.37%
Overview
- Symbol
- DLTR
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
22 of 25 judged targets kept · 45 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Quarterly adjusted EPS, continuing operations | $1.45 to $1.60 | Jan 2026 | Q1 adjusted earnings per share growth of 38% year-over-year to $1.74, exceeding the high end of our outlook range | Achieved |
| Full-year adjusted diluted EPS | $6.50 to $6.90 | Jan 2026 | we now expect adjusted diluted earnings per share in the range of $6.70 to $7.10 | Revised Up |
| New debt offering following the May 2025 maturity and the Family Dollar close | come to market with a new debt offering | Jan 2025 | Ghosted |
Claimed
- Net sales increased 7% to $4.9 billion, driven by strong comparable store sales.
- Comparable store sales growth increased 3.7%, exceeding the company's expectations.
- Customer traffic turned positive at 0.4%, a sequential improvement and earlier than anticipated.
- Diluted earnings per share were $2.70, including a $1.31 benefit from tariff refunds and related impacts.
- Gross margin expanded 850 basis points to 42.9%, benefiting from tariff refunds and favorable shrink.
- Inventory declined 9% year-over-year while sales increased 7%, indicating improved working capital efficiency.
Qualified
- Helium shortages created an estimated $15 million sales headwind, impacting comp by 30 basis points.
- Higher fuel rates are an incremental headwind for the full year, contributing to increased freight costs.
- Gross margin is expected to be flattish in Q3 FY27 and down in Q4 FY27 due to higher freight, inflation, and mix shift.
- A mix shift towards lower-margin consumables is absorbing some of the benefits from lower tariff rates in the back half of the year.
The full ledger
Open DOLLAR TREE, INC.’s full ledger
A free account opens 5 company ledgers a month. All 70 tracked commitments, with each call’s wording and source.
Call summaries
Apr 2026 (Q1 FY27) — May 28, 2026
Dollar Tree Q1 FY27 — ticket-led 3.5% comp and 38% adjusted EPS growth beat outlook
Read the full callJan 2026 (Q4 FY26) — Mar 16, 2026
Dollar Tree Q4 FY26 — Strong Performance Driven by Multi-Price Strategy and Operational Improvements
Read the full callEvery analysed call
Dollar Tree earnings calls (DLTR)
Financials
What the filings say
Net profit, year on year: +173% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Jan 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 4,341 | 4,997 | 4,640 | 4,570 | 4,751 | 5,451 | 4,976 | 4,891 |
| Operating profit | 331 | 505 | 384 | 231 | 343 | 695 | 473 | 690 |
| Operating margin | 7.6% | 10.1% | 8.3% | 5.0% | 7.2% | 12.8% | 9.5% | 14.1% |
| Profit before tax | 302 | 508 | 423 | 209 | 321 | 677 | 462 | 686 |
| Tax rate | 23.2% | 25.8% | 25.9% | 25.5% | 23.9% | 24.4% | 24.9% | 25.0% |
| Net profit | 233 | -3,696 | 343 | 188 | 245 | 506 | 347 | 515 |
| EPS ($ per share) | 1.09 | -17.18 | 1.61 | 0.91 | 1.20 | — | 1.76 | 2.70 |
| Line item | Feb 2019 | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 3,076 | 3,838 | 5,180 | 6,508 | 8,123 | 7,125 | 3,942 | 3,804 |
| Total liabilities | 7,858 | 13,320 | 13,411 | 14,003 | 14,271 | 14,710 | 14,667 | 9,711 |
| Fixed assets | 3,445 | 3,882 | 4,116 | 4,477 | 4,972 | 3,822 | 4,499 | 4,960 |
| Total assets | 13,501 | 19,575 | 20,696 | 21,722 | 23,022 | 22,024 | 18,644 | 13,466 |
| Line item | Feb 2019 | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,766 | 1,870 | 2,716 | 1,432 | 1,615 | 2,685 | 2,193 | 2,191 |
| Cash from investing | -817 | -1,020 | -890 | -1,020 | -1,254 | -2,108 | — | — |
| Cash from financing | -1,600 | -710 | -950 | -836 | -687 | -530 | -411 | -2,557 |
| Net cash flow | -651 | 139 | 878 | -425 | -327 | 46 | 754 | -750 |
| Capital expenditure | -817 | -1,035 | -899 | -1,021 | -639 | -1,194 | -1,300 | -1,134 |
| Free cash flow | 949 | 835 | 1,818 | 410 | 976 | 1,491 | 893 | 1,057 |
DLTR revenue by segment
| Segment | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Dollar Tree | 57% | -100% | 100% | 100% | 100% | 100% | 100% | 100% | +7.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
DLTR operating KPIs by quarter
| KPI | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Employees | 150K+Expand and modernize our assortment through multi-price, manage costs with a create a strong connection with our customer, open more new stores and improve the condition of our fleet and the in-store experience, all of which are supported by supply chain excellence and our more than 150,000 associates.Source: earnings call transcript | 150K+I want to start by recognizing the more than 150,000 associates across Dollar Tree, whose commitment to our customers drives everything we do.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
47 filings between Oct 31, 2025 and Sep 4, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$249.04M
5 sales by 4 insiders
Compensation
not trading decisions- 19
- Award — granted as compensation
- 19
- Tax withheld — shares kept back by the company to cover tax
Also filed: 3 conversions, 1 other.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Mantle Ridge LP | — | $248.27M | Jun 24, 2026 |
| Aflatooni Robert | — | $338.0K | Aug 31, 2026 |
| Beebe Brent A. | — | $274.2K | Dec 8, 2025 |
| Stahl Stephanie | — | $155.8K | Sep 4, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 4, 2026 | Stahl Stephanie Director | Sale | 1,185 | $155.8K |
| Aug 31, 2026 | Aflatooni Robert Chief Information Officer | Sale | 2,500 | $315.0K |
| Aug 2, 2026 | Maheshwari Aditya Chief Accounting Officer | Tax withheld | 127 | $16.2K |
| Aug 1, 2026 | Stahl Stephanie Director | Conversion | 1,185 | — |
| Jul 5, 2026 | Schumacher Steven Chief People Officer | Tax withheld | 282 | $35.0K |
| Jul 1, 2026 | JOHNSON TIMOTHY A Director | Award | 1,238 | $150.0K |
| Jul 1, 2026 | GRISE CHERYL W Director | Award | 1,238 | $150.0K |
| Jul 1, 2026 | HEINRICH DANIEL J Director | Award | 1,238 | $150.0K |
| Jul 1, 2026 | Randolph Diane Director | Conversion | 1,398 | — |
| Jul 1, 2026 | Randolph Diane Director | Award | 1,238 | $150.0K |
| Jun 24, 2026 | Mantle Ridge LP Insider | Conversion | 602,170 | — |
| Jun 24, 2026 | Mantle Ridge LP Insider | Sale | 2,230,455 | $248.27M |
| Jun 24, 2026 | Mantle Ridge LP Insider | Other | 10,266,164 | $0 |
| Apr 1, 2026 | Glendinning Stewart Chief Financial Officer | Tax withheld | 4,864 | $528.7K |
| Apr 1, 2026 | Glendinning Stewart Chief Financial Officer | Award | 18,399 | $0 |
| Apr 1, 2026 | Maheshwari Aditya Chief Accounting Officer | Tax withheld | 773 | $84.0K |
| Apr 1, 2026 | Maheshwari Aditya Chief Accounting Officer | Award | 1,955 | $0 |
| Apr 1, 2026 | Weng Roxanne Rena Chief Supply Chain Officer | Award | 5,979 | $0 |
| Apr 1, 2026 | Konrad Jocelyn Z Chief of DTS & Enterprise Op | Award | 5,979 | $0 |
| Apr 1, 2026 | Beebe Brent A. Chief Merchandising Officer | Tax withheld | 631 | $68.6K |
| Apr 1, 2026 | Beebe Brent A. Chief Merchandising Officer | Award | 7,359 | $0 |
| Apr 1, 2026 | Creedon Michael C Jr Chief Executive Officer | Tax withheld | 10,224 | $1.11M |
| Apr 1, 2026 | Creedon Michael C Jr Chief Executive Officer | Award | 44,158 | $0 |
| Apr 1, 2026 | Schumacher Steven Chief People Officer | Tax withheld | 1,981 | $215.3K |
| Apr 1, 2026 | Schumacher Steven Chief People Officer | Award | 6,899 | $0 |
| Apr 1, 2026 | Mitchell John S. JR Chief Legal Officer | Tax withheld | 980 | $106.5K |
| Apr 1, 2026 | Mitchell John S. JR Chief Legal Officer | Award | 7,359 | $0 |
| Apr 1, 2026 | Konrad Jocelyn Z Chief of DTS & Enterprise Op | Tax withheld | 659 | $71.6K |
| Apr 1, 2026 | Aflatooni Robert Chief Information Officer | Tax withheld | 2,810 | $305.4K |
| Apr 1, 2026 | Aflatooni Robert Chief Information Officer | Award | 8,739 | $0 |
| Mar 31, 2026 | Aflatooni Robert Chief Information Officer | Award | 1,261 | $0 |
| Mar 31, 2026 | Aflatooni Robert Chief Information Officer | Tax withheld | 1,097 | $120.1K |
| Mar 31, 2026 | Creedon Michael C Jr Chief Executive Officer | Award | 1,929 | $0 |
| Mar 31, 2026 | Creedon Michael C Jr Chief Executive Officer | Tax withheld | 1,687 | $184.7K |
| Mar 31, 2026 | Mitchell John S. JR Chief Legal Officer | Award | 221 | $0 |
| Mar 31, 2026 | Mitchell John S. JR Chief Legal Officer | Tax withheld | 450 | $49.3K |
| Mar 31, 2026 | Schumacher Steven Chief People Officer | Award | 221 | $0 |
| Mar 31, 2026 | Schumacher Steven Chief People Officer | Tax withheld | 323 | $35.4K |
| Mar 31, 2026 | Beebe Brent A. Chief Merchandising Officer | Tax withheld | 309 | $33.8K |
| Mar 31, 2026 | Beebe Brent A. Chief Merchandising Officer | Award | 221 | $0 |
| Jan 7, 2026 | Aflatooni Robert Chief Information Officer | Sale | 175 | $23.0K |
| Jan 3, 2026 | Schumacher Steven Chief People Officer | Tax withheld | 153 | $19.5K |
| Jan 3, 2026 | Creedon Michael C Jr Chief Executive Officer | Tax withheld | 999 | $127.6K |
| Jan 3, 2026 | Konrad Jocelyn Z Chief of DTS & Enterprise Op | Tax withheld | 760 | $97.1K |
| Dec 8, 2025 | Beebe Brent A. Chief Merchandising Officer | Sale | 2,200 | $274.2K |
| Nov 25, 2025 | Creedon Michael C Jr Chief Executive Officer | Tax withheld | 1,192 | $125.9K |
| Oct 31, 2025 | Beebe Brent A. Chief Merchandising Officer | Award | 2,522 | $0 |
| Oct 17, 2025 | Aflatooni Robert Chief Information Officer | Sale | 1,260 | $119.3K |
| Oct 3, 2025 | Mitchell John S. JR Chief Legal Officer | Award | 3,250 | $0 |
| Sep 8, 2025 | Glendinning Stewart Chief Financial Officer | Purchase | 3,000 | $292.4K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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